Allegiant Air
ALGT
224 hedge funds and large institutions have $1.15B invested in Allegiant Air in 2023 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 66 increasing their positions, 84 reducing their positions, and 44 closing their positions.
96% more call options, than puts
Call options by funds: $12.5M | Put options by funds: $6.39M
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.39% less ownership
Funds ownership: 81.51% → 81.12% (-0.39%)
5% less funds holding
Funds holding: 235 → 224 (-11)
20% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 44
21% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 84
39% less capital invested
Capital invested by funds: $1.9B → $1.15B (-$745M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$27.4M |
| 2 |
SSA
Schonfeld Strategic Advisors
New York
|
+$11M |
| 3 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$9.3M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$7.17M |
| 5 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$5.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$17M |
| 2 |
Jane Street
New York
|
-$16M |
| 3 |
BlackRock
New York
|
-$14.3M |
| 4 |
Millennium Management
New York
|
-$14.1M |
| 5 |
GCM
Geneva Capital Management
Milwaukee,
Wisconsin
|
-$11.9M |
ALGT Hedge Fund Activity: Q3 2023 in Review
224 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Allegiant Air (ALGT) for Q3 2023, worth a combined $1.15B — down 39% from $1.9B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of ALGT and 35 opened new positions — a net loss of 9 holders — while 84 trimmed existing stakes and 66 added.
The largest buyer was Balyasny Asset Management, adding an estimated $27.4M. The largest seller was T. Rowe Price Associates, cutting an estimated $17M.
- 224 institutional investors held Allegiant Air (ALGT) as of Q3 2023, down from 235 in Q2 2023.
- Funds reported $1.15B of Allegiant Air stock for Q3 2023, down 39% quarter-over-quarter.
- 35 funds opened new Allegiant Air positions in Q3 2023 and 44 closed out, a net change of -9 holders.
- The largest Allegiant Air buyer in Q3 2023 was Balyasny Asset Management, an estimated $27.4M added.
- The largest Allegiant Air seller in Q3 2023 was T. Rowe Price Associates, an estimated $17M sold.
Based on aggregated 13F filings for Q3 2023.